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Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE33341CA

Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island industry analysis

Revenue for the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island Market Research Report

What’s Included in the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island Market Research Report

Definition of the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island?

The Heating and Air-Conditioning Equipment Manufacturing industry in Canada manufactures heating equipment, commercial refrigeration equipment, air conditioners, commercial and industrial fans, blowers, air purification equipment and electric and nonelectric heating and refrigeration equipment. Marine and motor vehicle systems are excluded, as are industrial process furnaces and small household appliances.

What’s included in the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island?

The Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island includes manufacturing air-conditioning, warm-air heating and refrigeration equipment, manufacturing heating equipment, except warm-air furnaces, manufacturing commercial and industrial fans and blowers and manufacturing air purification equipment. Related terms covered in the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island industry report includes a common type of refrigerant used in air-conditioning systems that is being phased out because it contributes to depleting the ozone layer; usually abbreviated as cfcs, a type of cfc, known in the industry as hcfc-22, that is considered more environmentally friendly but is still being phased out, a chemical compound or coolant used to achieve low temperatures in air-conditioning and refrigeration equipment and an abbreviation for heating, ventilation, air-conditioning and refrigeration equipment.

Industry Performance of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island

Benchmark the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island

#10 in Highest Revenue 0.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heating & Air-Conditioning Equipment Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, value of residential construction, value of nonresidential construction and demand from heating and air-conditioning contractors are impacting Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in PE State Economic profile

Canada Key External Drivers

Value of residential construction
Value of nonresidential construction
Demand from heating and air-conditioning contractors

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Heating & Air-Conditioning Equipment Manufacturing in Prince Edward Island, such as Charlottetown. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island in 2025?

The market size of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island is $19.4m in 2025.

How many businesses are there in the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island in 2025?

There are 3 businesses in the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island has been growing at an average annual rate of 3.0% from 2020 to 2025.

How many employees in the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island in 2025?

There are 66 employees in the Heating & Air-Conditioning Equipment Manufacturing industry in Prince Edward Island, which has been growing at an average annual rate of 3.3% from 2020 to 2025.